Can KNIME be used to show the employment and unemployment rate in the UK from the year 2008-2018, showing the prediction for the next year?

Not 100% sure what you mean by ‘rendering’. It is possible to make a prediction. I added a workflow that does that and also extended the existing ones slightly:

I also set up an example that just uses the numbers of the previous year and used the last year as test. But the results seem to be worse. You could check it out if you want:

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